Downer EDI Ltd
DOW: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Sc | LOCK|nK | LOCK|%f%MzV |
Downer Earnings: Turnaround Progresses as Margins Improve
Urban services company Downer reported a 77% increase in first-half fiscal 2025 underlying net profit after tax to AUD 120 million. Margins improved in line with guidance, more than offsetting a 13% decline in revenue. The interim dividend jumped by 80% to AUD 10.8 cents with franking at 75%.
